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Cancel the gym membership - an expansive property overlooking the Waikato River includes its own gymnasium, covered swimming pool and sauna.

The centrally located property, just off Hamilton's River Rd, is being sold by tender next month and stands a chance of breaking the record for the city's most expensive house.

The owners purchased the Pollock Dr mansion for $2.375 million in 2013 and the sale price is expected to exceed that after the addition of another bedroom as well as a general increase in house prices in the past three years. The property has two titles with a combined CV of $1.94 million.

The centrally located property, just off Hamilton's River Rd, is being sold by tender next month. Photo / Jason Tregurtha

Other properties that have broken the city's sale records in recent years include a Flagstaff property at $2.975 million and a Tamahere home at $2.8 million, both of which are on the outskirts of the city.

"That is one of the big pluses with 27 and 27A Pollock is you feel like you are out on a lifestyle property because the scale is so large, but your children can walk to and from school, you have a CBD just around the corner, you have got all the sports clubs and everything very handy. Time is precious and that does impact on people's family lifestyles."

He said while a 15-minute drive didn't seem long for Aucklanders, it did for Hamiltonians.

The property overlooks the Waikato River and includes its own gymnasium, covered swimming pool and sauna. Photo / Jason Tregurtha

"I know it's not a consideration compared with Auckland traffic travel but once you are sort of integrated into the Hamilton lifestyle, convenience is one of the appealing features of the city."

The property boasts a home theatre, games room and bar, formal and informal living areas, five bedrooms, four bathrooms, three-car garaging and a one-bedroom guest wing. The separate pool house has an indoor swimming pool, gymnasium, sauna, kitchen and bathroom.

The property boasts a home theatre, games room and bar, formal and informal living areas, five bedrooms, four bathrooms, three-car garaging and a one-bedroom guest wing. Photo / Jason Tregurtha